Plains All American Pipeline Technical Analysis (NYSE:PAA)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Plains All American Pipeline stock price data and volume are plotted in PAA stock charts and these trading charts form the basis of technical analysis.
See Plains All American Pipeline bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Plains All American Pipeline stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Plains All American Pipeline Moving Average
Moving averages show the average price of PAA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $25.59 is below the price of $27.08.
Plains All American Pipeline Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the PAA stock. Currently the stock price of $27.08 is in the upper range of Plains All American Pipeline bollinger bands.
Plains All American Pipeline Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Plains All American Pipeline MACD indicator is below 0 indicating a bearish trend.
Plains All American Pipeline Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of PAA stock is 67.94.